You'll need to sign in or create an account to connect with an expert.
If the solar property was purchased, installed and completed in 2020 then you can only enter the credit on a 2020 tax return to be filed in calendar year 2021.
Additionally, look at the Form 5695 Line 14 worksheet again. There is no mention of a Line 47 on a Form 1040.
Form 5695 instructions page 4 - https://www.irs.gov/pub/irs-pdf/i5695.pdf#page=4
Line 47 means you are looking at instructions from 2017 ... the correct line on the 2019 or 2020 return is 12a.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
malvinchip
New Member
lrobertsgandy
New Member
ba4f97382165
New Member
jordygoneham
New Member
LCTx
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.